There is a thread consistently on the front page of the forums with pictures and other information regarding kilo tt's, and it is indeed a well loved bike. Off the bat, if you have the cash replacing the bars and stem is probably a good idea, and stripping it down to components, greaseing and re-assembling for safety is a good idea, but for a budget track-ish bike it is quite the deal. As you said, being new to the game you will figure out what you are really looking for, and a frame like the kilo will provide you a solid frame that you probably wont feel too bad about knocking around some. In addition to a stem and a set of bars (the stem you can probably find from a local bike shop for 10 or less dollars) you might look into a nice set of platform pedals and clips/straps, as well as a front brake. MKS makes a pedal called the GR9 that many people swear by and I find really comfy, they run about 20 and then clips and straps will be maybe another 20. As for a brake, look around at local places etc. While the stem and bars issue is more of a form/preferance issue, the clips straps and brake should be a priority.